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Economic Turnaround

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Cash Infusion for Clean Tech

Posted by Jennifer Langston
How the stimulus bill breaks down.

A new video featuring US Rep. Jay Inslee (D-WA) does a good job of explaining how the federal stimulus bill will help pay for clean energy initiatives and create green-collar jobs.

 

Watch it to get the whole story, or here's a summary of the funding he highlights:

  • $11 billion to make the nation's electricity grid smarter, more flexible and more responsive, including funding for the Northwest's Bonneville Power Administration.
  • $6.3 billion for energy efficiency projects, including home weatherization.
  • $4 billion in loan guarantees for renewable energy, helping companies raise capital for solar plants, wind turbines, geothermal projects and other innovations.
  • $4.5 billion to make federal buildings more energy efficient.
  • $3.1 billion in state energy grants to create jobs and train a clean tech workforce.

 



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